Nokia Logs Loss as Sales of Less Sophisticated Phones Slips

  Nokia struggling to reinvent its smartphone business around Microsoft’s Windows software, said Thursday that it had a loss of €929 million in the first quarter as sales plunged 29 percent because of flagging demand for its older Symbian smartphones. 

The loss, equivalent to $1.2 billion, contrasts with a €344 million profit a year earlier. Sales fell to €7.4 billion in the quarter from €10.4 billion a year earlier. The Nokia president and chief executive, Stephen Elop, said Nokia would accelerate its cost-cutting efforts amid what he described as a mixed response to its new Lumia smartphones with Microsoft. 

 

 

 

 

 

In a few months, the Los Angeles County Housing Authority will begin allowing rent subsidies to be granted to homeless ex-convicts on parole or probation.
they give you a voucher which you would give to the landlord. And he bases your rent off of your income or project basing which is houses that is set aside for section 8
By giving this to ex-conficts its taking away from more people that need it more then them. its forcing others to live on streets, and they get place to stay for them doing Completly nothing.
By doing this will cause housing problems with LA, Convicts are getting the step up, when We need it more.
basically the people who really need it will be in loss of a home, and Ex-convicts will be getting the houses that we worked hard for.
http://www.latimes.com/news/opinion/opinionla/la-ed-section8-homeless-lancaster-20120418,0,6314406.story